SEC Form 4 · accession 0001127602-17-007739
Knowles Corp · KN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas G Jackson
Officer — Senior VP & General Counsel
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001587523
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2017 | M | 21,277 | $11.02 | A | 62,394 | D | |
| Common Stock | Feb 22, 2017 | S | 21,277 | $19.30 | D | 41,117 | D | |
| Common StockF1 | Feb 17, 2017 | F | 2,210 | $19.42 | D | 38,907 | D | |
| Common StockF2 | Feb 17, 2017 | F | 1,519 | $19.42 | D | 37,388 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $11.02 | Feb 22, 2017 | M | 21,277 | D | Feb 17, 2017 | Feb 16, 2023 | Common Stock | 21,277 | 42,553 | D |
Explanation of responses
- F1These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 17, 2016 in accordance with Rule 16b-3.
- F2These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 17, 2015 in accordance with Rule 16b-3.
- F3Option granted under the Knowles Corporation 2014 Equity and Cash Incentive Plan that vests ratably over three years commencing on the first anniversary of the award.